PENENTUAN HARGA PREMI ASURANSI LAHAN PERTANIAN BERBASIS INDEKS CURAH HUJAN MENGGUNAKAN PENDEKATAN OPSI; DETERMINATION OF CROP-YIELD INSURANCE PREMIUM PRICE BASED ON RAINFALL INDEX USING OPTION APPROACH
Uray Marsya Aglina, Gunardi
2015 | Skripsi | FMIPAThe agricultural sector has a relatively high contribution to the increasing in Gross Domestic Product (GDP) that is considered quite able to maintain the stability and resilience of country’s economy. An increase in agricultural sector will be followed by the increasing interest of investors in investing in agriculture. However, investment in agriculture has a fairly high risk and unpredictable, especially in the event of natural risks such as weather and climate. This is will encourage the investors to seek refuge in minimizing risks, one way used is to buy crop-yield insurance for protection of their farms as well as revenue coming from production in case of crop failure. Crop insurance based on rainfall is one option to minimize the risks that would be acceptable in case of disaster prediction outside of farmers and investors in agricultural, mainly due to extreme changes in weather. Pricing the premium price using option approach to be one effective way to construct product of crop-yield insurance with rainfall as underlying asset. Crop-yield insurance based rainfall index provides an interesting concept without complexity requirements to obtain an insurance product, making it easier for all people to buy insurance products.
Kata Kunci : agricultural; investment; risk; weather; rainfall; insurance; option.
